About Advanced Micro Devices, Inc. - Common Stock (AMD)
Advanced Micro Devices is a leading global semiconductor company that designs and manufactures computing and graphics solutions for a wide range of applications. The company is known for its innovative microprocessors, graphics cards, and system-on-chip products, which are used in personal computers, servers, and embedded systems. AMD focuses on high-performance computing, gaming, and data center markets, offering advanced technologies that compete with those of other major players in the industry. By delivering cutting-edge products that push the boundaries of processing power and efficiency, AMD plays a critical role in driving technological advancements and enhancing user experiences across various platforms. Read More
The Lisa Su-led company also said its end-to-end, open-standards rack-scale AI infrastructure meant for hyperscalers will be broadly available in the second half of 2025.
AMD unveiled its Helios AI server to challenge Nvidia's dominance, with OpenAI's Sam Altman confirming ChatGPT will use AMD's latest chips, signaling growing industry support for AMD's expanding role in AI infrastructure.
Luxury furniture retailer RH (NYSE:RH) fell short of the market’s revenue expectations in Q1 CY2025, but sales rose 12% year on year to $814 million. Next quarter’s revenue guidance of $904.3 million underwhelmed, coming in 0.7% below analysts’ estimates. Its non-GAAP profit of $0.13 per share was significantly above analysts’ consensus estimates.
Infobell IT Solutions Pvt. Ltd. (“Infobell”), a global leader in product engineering and AI solutions, today announced an expanded collaboration with AMD (NASDAQ: AMD) to drive enterprise-ready AI innovation powered by AMD Instinct™ GPUs and AMD EPYC™ CPUs.
— Only AMD powers the full spectrum of AI, bringing together leadership GPUs, CPUs, networking and open software to deliver unmatched flexibility and performance —
Used-car retailer America’s Car-Mart (NASDAQ:CRMT) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 1.9% year on year to $370.2 million. Its GAAP profit of $1.26 per share was 46.1% above analysts’ consensus estimates.
Saudi Arabia also hopes to emerge as the leader in the Middle East AI landscape, gaining an edge over the United Arab Emirates, another dominant AI player in the region.
Shares of arcade company Dave & Buster’s (NASDAQ:PLAY) jumped 14.8% in the afternoon session after the company reported first-quarter 2025 results and provided encouraging updates on sales trends, as revenue came in line with expectations.
Marvell Technology (NASDAQ: MRVL) announced a custom UALink scale-up offering for custom AI compute platforms, enabling efficient and scalable interconnects between AI accelerators and switches. MRVL stock was up 0.97% to $69.46 at last check.
Shares of fresh produce company Calavo Growers (NASDAQ:CVGW)
fell 17.3% in the afternoon session after the company reported weak first-quarter 2025 (fiscal Q2) results, which fell short of Wall Street's estimates across all key metrics, including sales, operating profit, and earnings per share.
